1. Suppose we are interested in finding a 99% confidence interval for the mean overall score of students at a certain school. Five students are sampled, and their overall scores are 560, 500, 470, 660, and 640.
a. What is the standard error of the sample mean?
b. Find a 90% confidence interval for the mean test score.
a) we first find the standard deviation through the steps below
mean = (560 + 500+ 470+ 660+ 640) /5 = 566
variance = ( (560 -566)2 + (500-566)2+ (470-566)2+ (660-566)2 + (640-566)2 ) / (4)
= ( (-6)2 + (-66)2 + (-96)2+(94)2 + (74)2 ) / 4
= (27920)/4 = 6980
Standard deviation = ( variance)1/2 = ( 6980)1/2 = 83.54639430
we define standard error = ( standard deviation ) / ( n1/2)
= (83.54639340) / (51/2)
= 37.36308338
b) we define the 90 % confidence interval as below
(mean) + or - ( t(0.1/ 2) (4) * standard error)
using a degree of freedom of 4, we obtain the t value from the t table, that is t0.05(4) = 2.132
Hence we obtain the interval as below
mean = 566 , t value =2.132, standard error = 37.3631
= (566+ (2.132*37.3631) ) , ( 566 - (2.132*37.3631)
= ( 645.658, 486.342 ) which is the required interval
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